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:14. this morning, stockton could become the largest city in the u.s. to go bankrupt, but not everyone is happy with the financial decisions. our router is live in -- our reporter is live in sacramento where the hearing is set to get underway in just a couple of hours. good morning. >> reporter: good morning. the bankruptcy trial for stockton gets underway in two hours at the federal courthouse in sacramento. officials are very nervous because the judge is only giving them a small amount of time to present their case. city officials admitted they didn't manage their money properly when times were good. they akum dated about a billion dollars in debt. stockton will continue to negotiate with creditors. that trial gets underway at 9:30. city officials are confident they can do this. back to you. >>> britain's prince harry will visit -- visit the united states in may. he made headlines after being caught naked traveling around. he will be traveling from may 9th until the 15th. one of his scheduled stops includes a visit to new jersey to tour the damage from
of minutes. >>> 7:14. this morning, stockton could become the largest city in the u.s. to go bankrupt, but not everyone is happy with the financial decisions. our router is live in -- our reporter is live in sacramento where the hearing is set to get underway in just a couple of hours. good morning. >> reporter: good morning. the bankruptcy trial for stockton gets underway in two hours at the federal courthouse in sacramento. officials are very nervous because the judge is only giving them a small amount of time to present their case. city officials admitted they didn't manage their money properly when times were good. they akum dated about a billion dollars in debt. stockton will continue to negotiate with creditors. that trial gets underway at 9:30. city officials are confident they can do this. back to you. >>> britain's prince harry will visit -- visit the united states in may. he made headlines after being caught naked traveling around. he will be traveling from may 9th until the 15th. one of his scheduled stops includes a visit to new jersey to tour the damage from superstorm s
help stop a republican filibuster in the senate. >> right now the city of stockton in federal court is poised to become the largest city in the nation to enter bankruptcy. they face a four-day fight over the chapter 9 bankruptcy petition. creditors are challenging the move. for years the city based salaries and benefits and borrowing on anticipated developer fees and increasing property tax revenue but that vanished when the mortgage bubble burst and slashed tens in millions in services and programs but drew the line at cutting pensions or retiree benefits. >> mike is off but lisa is here with the forecast. >> it has been cloudy and cool this morning. we are seeing some sunshine in parts of the bay but still looking mild out there. don't want to give it all away we have the last week of march, easter week, and that is all straight ahead. >> plus, a new warning from medical experts, what many new mothers are doing too soon. >> the mystery deepens over who won one of the biggest >> cupertino, wine country and all the bay area this is abc7 news. >> study suggests many mothers give thei
this morning. stockton faces a four day fight over whether it can remain under federal bankruptcy protection. the city hopes to avoid claims in state court that will force it to pay more than $300 million in debts. they suffered the sharpest richest to rags swings when the mortgage bubble burst. the city has slashed tens of millions in services and programs but has drawn a line on cutting pensions or retiree benefits. they help to force creditors to settle for a fraction of what they are owed. >> about 5:54 on this monday. is there a chance of rain? we will check with our meteorologist. lisa? >> we do not is a great chance. it looks like we are getting cooler conditions, but rain? you know...it is really looking like, again, pushing back toward the end of the work week. starting out with some fog in the not bay, at half moon bay, and novato and santa rosa, and a mile in napa but everyone else, it is a warmer start. this afternoon we are talking about cooler. it will be gusty at times. upper 50's in san francisco. 65 in oakland. 68 in morgan hill. a few extra clouds if you want the warmth, so
Search Results 0 to 4 of about 5 (some duplicates have been removed)

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